GateKeeper USA, Inc. Announced Receipt of Letter of Intent For the Completion of its Equity Funding and Completion of Its SEC Audit
GAITHERSBURG, MD, June 1, 2009 – GateKeeper USA, Inc. (Pink Sheets: GTKP), announced today that it is in receipt of an executed Letter of Intent, from a regional Investment Bank, for the completion of its $10,000,000 equity financing.
GateKeeper USA has undertaken measures to become compliant with respect to the Sarbanes-Oxley Act of 2002 and, with the rules and regulations governing fully reporting companies. As such, GateKeeper USA has been aggressively finalizing all of the internal processes required to obtain a listing and begin trading on a more senior stock exchange.
GateKeeper USA had retained the services of Semple, Marchal & Cooper, LLP, an Alliance member of BDO Seidman LLP, to complete its financial audit, in accordance with SEC guidelines. The Company had also changed its fiscal year end to 3/31/09. GateKeeper USA announced today that it has successfully completed the auditing process. It is the Company’s intent to immediately file Form 10-SB with the SEC, immediately following the successful closing of its equity financing, in order to become a fully reporting company under the Securities Exchange Act of 1934.
About GateKeeper USA, Inc.
GateKeeper USA, located in Gaithersburg, Maryland, is engaged in the maritime container industry as it relates to container security and protection from potential terrorist attacks. The initial focus of the company is the deployment of a proprietary shipping container security device known as the GateKeeper Container Automated Monitoring System (CAMS). The Company has employed proprietary detection and identification technologies. The technologies to being utilized by the Company provide rapid, automatic and specific real-time analysis, identification and quantification of the chemical, biological and radio active compounds whether in liquid, solid or gaseous states.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and as such, may involve risks and uncertainties. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations, are generally identifiable by the use of words such as “believe,” “expect,” “intend,” “anticipate,” “estimate,” “project,” or similar expressions. These forward-looking statements relate to, among other things, expectations of the business environment in which the Company operates, projections of future performance, potential future performance, perceived opportunities in the market, and statements regarding the Company’s mission and vision. The Company’s actual results, performance, and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements due to a wide range of factors.